Archive for March, 2013

LTL pricing is probably going to increase in 2013.  Estimated increases are 2-5%, but it will be higher for less profitable accounts.  Over the past few years, the slow economy and weak pricing has hurt carrier profits.  The reduced profits have prevented investment in new trucks to replace the aging fleet.   The top LTL carriers are now committed to improved pricing.  The increased pricing will return carrier to their historical operating ratios.  The carriers also face increased costs due to government regulations, driver shortages and environmental challenges.

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